VANCOUVER, BC, Jan. 23,
2023 /PRNewswire/ - Ballard Power Systems (NASDAQ:
BLDP) (TSX: BLDP) today announced an order for a fuel cell system
to CrossWind, a joint-venture between Shell and Eneco. The Ballard
fuel cell system will be integrated in the Hollandse Kust Noord
offshore wind project.
The Hollandse Kust Noord offshore wind project, located off the
coast of the Netherlands, will
have a capacity of 759 MW to generate at least 3.3 TWh per year.
This is enough renewable power to supply the equivalent of more
than 1 million Dutch households with green electricity.
CrossWind intends to use various new technologies to manage the
intermittent wind power generation, including the use of water
electrolysis to convert wind power into green hydrogen for energy
storage. Ballard's hydrogen fuel cells will utilize the green
hydrogen as fuel to regenerate stable and dispatchable power.
Ballard will supply a containerized fuel cell power solution
with a peak power capacity of 1 MW, with delivery expected in 2024.
This is Ballard's second stationary power project deployed in
Europe for peak shaving power
generation applications.
"Hydrogen plays a critical role to support the energy
transition. This project is an exciting proof point on how hydrogen
and PEM fuel cells can provide an effective storage, load-following
and firming solution for intermittent renewables. We are excited to
be a part of this milestone demonstration project with CrossWind to
prove out the reliability and efficiency of Ballard fuel cells,
initially at megawatt scale," said Søren Østergaard Hansen, General
Manager, Marine and Stationary, Ballard Power Systems Europe
A/S.
Maria Kalogera, Crosswind's
Innovation Manager commented, "In CrossWind, we are committed to
demonstrate baseload power on a megawatt scale for a single
full-scale wind turbine generator. We will introduce, for the first
time, an offshore combination of battery storage and round-trip
hydrogen integrated in an offshore wind farm. It's exciting to have
Ballard on board and integrate their fuel cell solutions in our
project."
About Ballard Power
Systems
Ballard Power Systems' (NASDAQ: BLDP; TSX: BLDP) vision is to
deliver fuel cell power for a sustainable planet. Ballard
zero-emission PEM fuel cells are enabling electrification of
mobility, including buses, commercial trucks, trains, marine
vessels, and stationary power. To learn more about Ballard, please
visit www.ballard.com.
This release contains forward-looking statements concerning
anticipated product performance and other characteristics, product
deliveries and deployments. These forward-looking statements
reflect Ballard's current expectations as contemplated under
section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. Any such
forward-looking statements are based on Ballard's assumptions
relating to its financial forecasts and expectations regarding its
product development efforts, manufacturing capacity, and market
demand.
These statements involve risks and uncertainties that may cause
Ballard's actual results to be materially different, including
general economic and regulatory changes, detrimental reliance on
third parties, successfully achieving our business plans and
achieving and sustaining profitability. For a detailed discussion
of these and other risk factors that could affect Ballard's future
performance, please refer to Ballard's most recent Annual
Information Form. Readers should not place undue reliance on
Ballard's forward-looking statements and Ballard assumes no
obligation to update or release any revisions to these
forward-looking statements, other than as required under applicable
legislation.
About CrossWind
CrossWind is a joint venture between Shell Nederland and Eneco.
CrossWind has won the tender for the construction and operation of
wind farm Hollandse Kust Noord. CrossWind is doing this in
collaboration with Siemens Gamesa Renewable Energy for the supply
of the wind turbines and with Van
Oord for the supply of the foundations and the cables and
the installation of the wind turbines at sea. CrossWind is in close
contact with the developer of the offshore power socket, grid
developer TenneT, as well as the relevant ministries, coastal
authorities and other stakeholders.
Visit the website www.crosswindhkn.nl for more information
about CrossWind, the wind farm, the innovations and the
construction activities.
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SOURCE Ballard Power Systems Inc.